OK, I can’t end the day without just one more post. It’s a simple one, and one which applies to the market as a whole. I’ll leave them to your own interpretation (except for my always handy tip to click the danged thing for a bigg…
The war in Ukraine has set off Europe’s fastest migration in decades, The New York Times reports. In the five days since Russia’s invasion of the country on Thursday, almost 700,000 people left Ukraine, according to UN refugee agency UNHCR. On March 1,…
Federal tax collections looked strong for the full month in February. Don’t be fooled. It was an illusion due to a calendar effect and inflation.…
After Western nations hit Russia with unprecedented economic and financial sanctions over the country’s invasion of Ukraine, China has announced that it won’t participate in unilateral sanctions. Instead, the country “will continue to maintain normal e…
As the Russia-Ukraine conflict escalated and possible sanctions against Russia were discussed, much of the focus has been on cutting off Russian energy exports, the lifeblood of the country’s economy. As the ruble’s value plummeted to historic lows thi…
10 Year Treasury Yield- War in Europe and an existential threat to the world did this. But note that yield is still above the 100…
Here’s where we are on the EUR/USD daily chart. If 110.90 goes, which looks all but certain, then we’re looking at 109.90, then 108.70. Gold…
That is the question. To consolidate, to decline, no more, or in that drop what dreams may come must give us pause.
Aye, there’s the rub! For today anyway.
Which is where we keep our focus in this thread. Give us this day our daily breadth,…
Initial victories do not guarantee the war will be won. Rather, they arouse the most dangerous enemy: the fatal hubris of over-confidence.
Remember the bear market during the financial crisis? I sure do. May I present to you my latest creation in Layered Charts, which shows the “GFC” (red line) and the present day (blue line). For what it’s worth: As long as we’…